All posts tagged "deception"
-
174Australia & NZASIC Charges Former Apogee Financial Adviser for Deception
The ex-financial adviser obtained over A$1.5 million from Nulis Nominees, the trustee for the MLC Super Fund, on behalf of 168 clients.
March 3, 2021 -
730AML / KYCHK Banks Used to Launder Over HK$8bn in Scam Proceeds in 2020
More than 10,000 bank accounts are believed to have been used in 2020 to collect and launder the funds before being channelled out of Hong Kong.
February 22, 2021 -
267EnforcementFormer Convoy Executives Found Not Guilty in ‘Enigma Network’ Case
The judge ruled that the evidence provided by prosecutors was not sufficient to prove there was any attempt to deceive the stock exchange or Convoy directors or investors.
December 2, 2020 -
1.3KEnforcementSingapore Courts Charge Two for Cheating, False Trading
Ex-KTL Global CEO Tan Kheng Yeow and OCBC Securities trading rep Tan Chun Yong are said to have been involved in a conspiracy for false trading.
October 30, 2020 -
1.2KEnforcementUBS Fined in Singapore for Pricing Deception by Advisers
The MAS penalty follows similar action taken against UBS by the Hong Kong SFC to penalise the bank and demand compensation for clients that were overcharged over a ten-year period.
November 18, 2019 -
471Australia & NZUnauthorised New Zealand Adviser Jailed for 6 Years, 8 Months
The sentence follows a conviction in August of 38 charges relating to a multi-million dollar fraud, set up to fund a lavish lifestyle and targeting vulnerable individuals.
October 31, 2019 -
530Australia & NZ
Unauthorised New Zealand Adviser Faces Lengthy Jail Term
A New Zealand court has reportedly convicted an unauthorised financial adviser of 38 charges relating to a long-running fraud which funded a lavish lifestyle of private jets and jewellery.
August 20, 2019 -
769Australia & NZAustralia Finds Banking Oligopoly Detrimental To Consumers
The Productivity Commission report urges for more competition in Australia’s banking sector – a recommendation re-enforced by Treasurer Scott Morrison in a speech to industry executives.
August 6, 2018
